CENTRO DE LA FAMILIA DE UTAH

EIN: 870310109 501(c)(3)

SALT LAKE CITY, UT

Total Revenue
$32,749,015
Total Expenses
$31,197,854
Total Assets
$21,194,105
Net Assets
$11,890,887
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
UT
Principal Officer
BENJAMIN WYNN
Phone
8015214473
Tax Period
2024-07-01 to 2025-06-30

CENTRO DE LA FAMILIA DE UTAH, founded in 1975, is a mid-sized nonprofit that reported $32.7M in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $31.2M left a modest 5% surplus.

Mission

CENTRO DE LA FAMILIA DE UTAH IS A NONPROFIT AGENCY DEDICATED TO PROMOTING EDUCATIONAL SUCCESS FOR CHILDREN AND FAMILIES, AND FOSTERING HEALTHY AND ENGAGED COMMUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $32,747,810
Program Service Revenue $0
Investment Income $1,205
Other Revenue $0
TOTAL REVENUE $32,749,015

Expense Breakdown

Grants Paid $0
Salaries & Benefits $21,227,873
Fundraising Expenses $6,298
Program Expenses $27,470,560
Other Expenses $9,969,981
TOTAL EXPENSES $31,197,854

Year-over-Year Comparison

2024 2023 Change
Revenue $32,749,015 $28,586,321 +0.1%
Expenses $31,197,854 $27,840,923 +0.1%
Net Income $1,551,161 $745,398 +1.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
Employees
626
Volunteers
734

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$261,039
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GONZALO PALZA CEO 40.00
Officer
$144,569 $7,967 $152,536
BENJAMIN WYNN COO 40.00
Officer
$104,147 $4,356 $108,503
SEBASTIAN DE FREITAS BOARD MEMBER 1.50
Director
$0 $0 $0
HEATHER HARPER BOARD MEMBER 1.50
Director
$0 $0 $0
P CORPER JAMES BOARD MEMBER 1.50
Director
$0 $0 $0
JOSHUA LAKIN PRESIDENT 1.50
Director
$0 $0 $0
GABRIELA MENA BOARD MEMBER 1.50
Director
$0 $0 $0
LUZ MOLINA BOARD MEMBER 1.50
Director
$0 $0 $0
TERESA NEWLAN BOARD MEMBER 1.50
Director
$0 $0 $0
SILVIA A NORMAN SECRETARY 1.50
Director
$0 $0 $0
NICOLE SALAZAR-HALL BOARD MEMBER 1.50
Director
$0 $0 $0
MICKAEL SORENSEN BOARD MEMBER 1.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $32,749,015 $31,197,854 $21,194,105 $1,551,161
2024 No data No data No data No data
2023 $24,870,208 $22,645,504 $16,153,009 $2,224,704
2022 $24,320,509 $22,565,553 $8,556,442 $1,754,956
2021 $18,783,866 $18,597,750 $5,756,053 $186,116
2020 $10,490,726 $11,145,402 $4,012,892 $-654,676
2019 $10,759,367 $10,211,001 $4,354,105 $548,366
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